HomeMy WebLinkAboutCity Council Resolution 2009-038CITY OF PLYMOUTH
RESOLUTION No. 2009-038
A RESOLUTION TO ACCEPT UTILITIES
FOR SHOPS AT PLYMOUTH CREEK
WHEREAS, in accordance with the development contract dated January 25, 2005, Shops at Plymouth Creek,
LLC, developer of Shops at Plymouth Creek (2004112), has agreed to install certain improvements for said
development; and
WHEREAS, the developer has completed a portion of the street, utility and site grading as noted below; and
WHEREAS, the developer has requested a reduction of the required financial guarantee to reflect the completed
work;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA; that the financial guarantee requirements are reduced as follows:
ITEM
Sanitary Sewer
Watermain
Storm Sewer
Grading
Boulevard and Drainage Swale Sod
Rain garden
Street and Traffic Control Signs
Sidewalk Improvements
Trail Improvements
Landscaping
Buffer Posts
Setting Iron Monuments
Design, Administration, Inspection, As-Builts
TOTAL
ORIGINAL CURRENT NEW
AMOUNT AMOUNT AMOUNT
$35,600
$ 7,200
$-0-
141,200
28,300
-0-
172,675
34,600
-0-
289,000
30,000
-0-
10,000
4,200
-0-
24,300
15,000
15,000
7,500
1,500
-0-
-0-
-0-
-0-
6,200
1,300
-0-
315,700
63,000
3,000
900
-0-
-0-
4,100
4,100
-0-
120,861
22,704
2,000
$ 1,128,036
$ 211,904
$20,000
That the required financial guarantee for the above items be reduced as detailed above from $211,904 to
$20,000 to reflect the completed work. Letter of Credit No. SM212266W may be reduced accordingly.
FURTHER BE IT RESOLVED that the utility constriction for the Shops at Plymouth Creek is accepted.
APPROVED THIS I OTH DAY OF FEBRUARY.